Bill
SB 455
SB 455 adjusts coinsurance and tax treatment for health practitioner services in New Mexico, affecting patient costs and state healthcare revenue.
SB 455 modifies how coinsurance applies to health practitioner services in New Mexico, likely adjusting patient cost-sharing requirements or insurance coverage obligations. The bill's specific mechanisms are not detailed in the available legislative history, but it appears to address the "GRT" (Gross Receipts Tax) treatment of these services. The measure was introduced by Senator Craig Brandt and referred to tax and finance committees before being postponed indefinitely in June 2025.
Healthcare cost-sharing structures directly affect patient access to medical services and out-of-pocket expenses. Changes to coinsurance requirements can shift financial burden between patients and insurers, influencing whether people seek preventive care or delay treatment due to costs. Tax treatment of health services also affects provider revenue and potentially the availability of practitioners in the state.
Compiled from official sources — confirm details with the bill’s official record.
Sign in to ask a question.
